Balrampur Chini Buyback 2022 vs Orbit Exports Buyback

Comparision between Balrampur Chini Buyback 2022 and Orbit Exports Buyback.

Buyback Details

Balrampur Chini Buyback 2022 is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Orbit Exports Buyback is a Tender Offer proposed to list at BSE, NSE.

Balrampur Chini Mills Limited

Orbit Exports Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹1 per share

₹10 per share

Buyback Price

₹360 per share

₹245 per share

Issue Size

4,08,163 shares

Issue Size (Amount)

₹145.45 Crores

₹10.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	2 Equity Share out of every 47 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	9 Equity Shares out of every 673 Fully paid-up Equity Shares held on the Record Date.

Registrar

Kfin Technologies Limited

Link Intime India Private Ltd

Lead Managers

Axis Capital Limited

Keynote Financial Services Ltd

Necessity of the buyback

The buyback is being undertaken for the following reason:

1.To optimize returns to shareholders.

2. To enhance overall shareholder value.

3. To optimize capital structure.

The Buyback is being undertaken, inter-alia, for the following reasons:

The Buyback will help the company to return surplus cash to its shareholders broadly in proportion to their shareholding thereby enhancing overall return to the shareholders.
The Buyback would give an option to the equity shareholders to either participate in the Buyback and receive cash in lieu of Equity Shares accepted under the Buyback or not participate in the Buyback and enjoy a resultant increase in their percentage shareholding in the company post the buyback without additional investment.

Buyback Timetable

Balrampur Chini Buyback 2022 and Orbit Exports Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Balrampur Chini Buyback 2022 Buyback record date is . Orbit Exports Buyback Buyback record date is Nov 18, 2022.

	Balrampur Chini Mills Limited	Orbit Exports Limited
Record Date		Nov 18, 2022
Offer Open Date	Nov 16, 2022	Dec 15, 2022
Offer Closure Date	May 15, 2023	Dec 28, 2022
Last date for receipt of tender forms		Dec 28, 2022
Finalisation of buyback		Jan 05, 2023
Last Date for settlment of bids		Jan 06, 2023
Last Date for extinguishment of shares		Jan 13, 2023

Financial Details and Other Relevent Information

Comparison of Balrampur Chini Buyback 2022 and Orbit Exports Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Balrampur Chini Mills Limited

Orbit Exports Limited

Financial

Balrampur Chini Mills Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth
31-Mar-20	779.84	509.28	2287.5
31-Mar-21	4845.11	469.77	2480.44
31-Mar-22	4893.94	514.66	2673.63
Amount in ₹ Crore

Orbit Exports Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	150.23	26.26	174.09	146.7	16.08
31-Mar-21	73.07	2.38	176.86	149.48	14.37
31-Mar-22	131.17	17.8	194.59	167.21	39.17
30-Sep-22	109.14	22.23	217.88	190.5	39.4
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	366.95	306.80	343.47
Jan-2022	385.85	335.45	363.80
Jan-2022	404.15	329.00	352.13

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2022	186.75	155.35	164.80
Sep-2022	171.80	146.90	157.90
Aug-2022	158.60	114.65	140.09

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	367.00	307.30	343.73
Jan-2022	385.90	335.15	363.87
Jan-2022	404.50	329.00	352.13

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2022	185.85	155.50	164.79
Sep-2022	172.25	147.75	158.12
Aug-2022	158.40	115.05	140.02

Compare with others

Balrampur Chini Mills Limited	Orbit Exports Limited
Softsol India Buyback 2022	eClerx Services Buyback 2022
Tips Industries Buyback 2022	Technocraft Industries Buyback 2022
eClerx Services Buyback 2022	Triveni Engineering Buyback 2022
Technocraft Industries Buyback 2022	Balrampur Chini Buyback 2022
Triveni Engineering Buyback 2022	Windlas Biotech Buyback 2022
Windlas Biotech Buyback 2022	Jagran Prakashan Buyback 2022
Orbit Exports Buyback	Triveni Turbine Buyback
Jagran Prakashan Buyback 2022	Dhanuka Agritech Buyback
Triveni Turbine Buyback	Kaveri Seed Buyback 2022
Dhanuka Agritech Buyback	Garware Technical Fibres Buyback

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